Back to today’s briefing

Story perspectives

Philadelphia Manufacturing Index Soars to Six-Month High

3/20/2026

35 5 Full Breakdown

Summary

Story summary

The Philadelphia Federal Reserve Manufacturing Index rose to 18.1 in March and beat the forecast of 8.3.
It was the highest level in six months.
The index is based on a survey of about 250 manufacturers in eastern Pennsylvania, southern New Jersey, and Delaware.
Over 56% of firms anticipate increased activity in the next six months.
The future employment index rose significantly.

1 of 1

Story summary

The Philadelphia Federal Reserve Manufacturing Index rose to 18.1 in March and beat the forecast of 8.3.
It was the highest level in six months.
The index is based on a survey of about 250 manufacturers in eastern Pennsylvania, southern New Jersey, and Delaware.
Over 56% of firms anticipate increased activity in the next six months.
The future employment index rose significantly.